FACTANKER · measured, cited, anchored official records connected

Call reports 2023

UNITED BANK — 2023

What UNITED BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6d4cc43e-380c-42cd-8748-6de0d4e4a8b9/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets1,114,607,0001,147,584,0001,163,548,0001,182,794,000
Total loans698,357,000726,642,000746,521,000753,078,000
Allowance for loan losses10,810,00010,891,00011,166,00010,402,000
Securities available for sale276,038,000270,280,000256,868,000220,566,000
Securities held to maturity8,675,0007,052,0004,974,0004,796,000
Trading assets0000
Total deposits986,987,0001,016,586,0001,010,215,0001,004,575,000
Interest-bearing deposits487,954,000489,690,000487,430,000500,986,000
Noninterest-bearing deposits499,033,000526,896,000522,785,000503,589,000
Equity capital105,771,000108,990,000108,705,000131,357,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income12,556,00025,758,00040,041,00055,397,000
Interest expense821,0002,023,0003,587,0005,708,000
Net interest income11,735,00023,735,00036,454,00049,689,000
Noninterest income1,955,0004,775,0006,798,00022,766,000
Noninterest expense6,741,00013,721,00020,831,00031,376,000
Provision for loan losses-313,000-223,00077,000175,000
Pretax income6,629,00014,249,00021,581,00033,232,000
Income tax1,500,0003,273,0004,926,0007,669,000
Net income5,129,00010,976,00016,655,00025,563,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital131,028,000136,917,000142,643,000152,321,000
Total capital141,507,000147,671,000153,686,000163,400,000
Risk-weighted assets837,452,000859,439,000882,629,000886,183,000